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Staples Remains Neutral - Analyst Blog
Tuesday, November 30, 2010 - 5:45am | 560Leading retailer of office products and services Staples, Inc. (SPLS) is better positioned than its competitors to benefit from the economic recovery, and is poised to sustain growth based on its margin expansion, effective merchandising, and growth prospects across its retail, delivery and...
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Earnings Scorecard: Tiffany - Analyst Blog
Tuesday, November 30, 2010 - 4:55am | 1110Tiffany & Company (TIF), a high-end jewelry designer, manufacturer and retailer, has posted stronger-than-expected third-quarter 2010 results buoyed by improved demand for luxury items worldwide. Street analysts had nearly a week to ponder on the news. In the paragraphs that follow, we...
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Stocks To Watch For November 30 (BKS, KSS, OVTI, DTG, TSL)
Tuesday, November 30, 2010 - 4:06am | 184Some of the stocks that may grab the investor focus today are: Wall Street expects Barnes & Noble (NYSE: BKS) to report FQ2 loss of $0.08 per share. BKS shares lost 0.80% to close at $14.87 yesterday. Kohl's Corp (NYSE: KSS) has promoted Don Brennan to the company's chief merchandising officer...
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School Specialty to Underperform - Analyst Blog
Monday, November 29, 2010 - 12:33pm | 452We expect School Specialty Inc. (SCHS), an education company offering supplemental educational products and equipment, to Underperform and set a price target of $11.00. Earlier, we had a Neutral recommendation on the stock. The recent economic downturn has resulted in an uncertainty related to...
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Deutsche Bank Increases Price Target on Tiffany & Co. (TIF)
Monday, November 29, 2010 - 11:59am | 124Deutsche Bank increases its price target on Tiffany & Co. (NYSE: TIF) to $66.50. DB also increases FY2010 EPS from $2.40 to $2.78. In a note to clients, Deutsche Bank writes, "Accelerating comps in 3Q revealed all the sparkle of Tiffany's successful jewellery business, and for the first time...
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Top Performing Industries For November 29 (TWMC, WBD, OPHCD, RBNF)
Monday, November 29, 2010 - 11:34am | 196At 10:28 am, the Dow lost 1.27% to 10,950.81, the broader Standard & Poor's 500 index moved down 1.11% to 1,176.20 and the NASDAQ composite index fell 1.28% to 2,502.00. The industries that are still afloat in the market today are: Music & Video Stores: This industry jumped 0.78% by 10:28...
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Morning Market Movers (AMRN, VOLT, OPHCD, DOVR)
Monday, November 29, 2010 - 11:08am | 122Amarin Corporation Plc (NASDAQ: AMRN) jumped 61.97% to $5.75 by 10:00 am. AMRN has reported positive results from its 1st Phase 3 clinical trial of lead drug candidate AMR101. Voltaire Ltd (NASDAQ: VOLT) shares surged 34.60% to $8.65. Mellanox (NASDAQ: MLNX) has announced its plans to buy 100% of...
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School Specialty to Underperform - Analyst Blog
Monday, November 29, 2010 - 6:41am | 452We expect School Specialty Inc. (SCHS), an education company offering supplemental educational products and equipment, to Underperform and set a price target of $11.00. Earlier, we had a Neutral recommendation on the stock. The recent economic downturn has resulted in an uncertainty related to...
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Stock Market News for November 26, 2010 - Market News
Friday, November 26, 2010 - 10:30am | 910It seemed like investors were just not concerned with bad news plaguing the economy. Wednesday proved to be a complete contrast as traders turned their focus on domestic economic data, brushing aside eurozone worries and tensions in the Korean peninsula. The rally helped markets recoup all of...
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Stock Market News for November 26, 2010 - Market News
Friday, November 26, 2010 - 5:07am | 910It seemed like investors were just not concerned with bad news plaguing the economy. Wednesday proved to be a complete contrast as traders turned their focus on domestic economic data, brushing aside eurozone worries and tensions in the Korean peninsula. The rally helped markets recoup all of...
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Sally Beauty Holdings, Inc. - Momentum
Thursday, November 25, 2010 - 8:00pm | 549Sally Beauty Holdings, Inc. (SBH) recently hit a new multi-year high at $13.62 after reporting an awesome Q3 earnings surprise of 15%. With estimates on the rise and a bullish growth projection, this Zacks #1 rank stock doesn't need a momentum makeover. Company Description Sally Beauty Holdings,...
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Take optionsXpress with You This Holiday 11-24-2010
Wednesday, November 24, 2010 - 6:46pm | 950Cusick's Corner U.S. markets will be closed tomorrow for Thanksgiving and then re-open for just a half day on Friday. You can take optionsXpress Mobile with you this holiday and trade from anywhere on your favorite mobile phone or tablet device -- check your account, set Alerts, view your...
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Zings Of The Day (SAP, TIF)
Wednesday, November 24, 2010 - 5:01pm | 165Retail stocks rose today, led by gains in Tiffany (NYSE: TIF) and Guess (NYSE: GES). I'm pretty sure I was the sole reason for Tiffany going up this quarter. I had breakfast there every day in September. SAP (NYSE: SAP) has to pay Oracle (NASDAQ: ORCL) $1.3 billion in damages for software...
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Tiffany's - All that Glitters is the High End US Consumer, and Foreign Buyers
Wednesday, November 24, 2010 - 4:37pm | 1369One of our long held thesis is the bifurcation of American society. [Dec 2007: Do the Bottom 80% of Americans Stand a Chance?] This will become a larger and larger theme as the we go forward as globalization hollows out the U.S. middle class, creating more of a chasm between the top and the...
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Two Strategies for Bearish & High IV Sentiment 11-24-2010
Wednesday, November 24, 2010 - 3:57pm | 995Cusick's Corner This market has performed pretty admirably, especially when you consider the action in the EU and Korea, the raids in the hedge funds and the fact that volume has been light. Let's continue to discuss strategies, specifically ones that could be useful if you are bearish and implied...